Where Do Jobs Come From?
1:48 PM March 5, 2010
I just read a new analysis of job gains and losses from the SBA Office of Advocacy that indicates small businesses created some 65 percent of the net new jobs in the private sector over a recent 15-year period. Although many of the new jobs are in new business startups, even more are in expanding firms - most especially mid-sized firms with 20-499 employees.
New startups and continuous high-growth firms were found to play an essential role in the labor market - allowing for an environment to create a large share of jobs.
Click here to read the complete article. Click here to visit WIPP's Economy policy page and learn more about our recent activities.
For more information and a complete copy of the report, visit the Office of Advocacy website at www.sba.gov/advo.
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